1/74 Ford StreetBeechworth VIC 3747
Property Details for 1/74 Ford St, Beechworth
Last Listing description (November 2023)
Located in the middle of busy Ford Street in the booming tourist town of Beechworth, sits this prime retail investment with a vibrant and long-term tenancy in place. Boasting a corner position with excellent exposure to passing foot traffic and close proximity to Bendigo Bank, Commonwealth Bank, Beechworth Pharmacy and directly opposite the IGA Supermarket arcade entry from Ford Street.
Investment Highlights:
Rental $21,275.00 per annum + GST + Outgoings
Annual Rent Reviews to CPI
Retail space of 64m2 (approx.)
Inspections strictly by appointment please contact Rod 0418 361 935 or Sarah 0417 303 062 for details.
CONJUNCTIONAL AGENT: Sarah Voigt - Property Collective Real Estate Beechworth 03 5728 1999
Property History for 1/74 Ford St, Beechworth, VIC 3747
- 20 Dec 2023Sold for $455,000
- 20 Oct 2023Listed for Sale $479,000 + GST (if applicable)
- 06 Jul 2017Sold for $360,000
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About Beechworth 3747
The size of Beechworth is approximately 164.9 square kilometres. It has 23 parks covering nearly 59.2% of total area. The population of Beechworth in 2011 was 3,559 people. By 2016 the population was 3,864 showing a population growth of 8.6% in the area during that time. The predominant age group in Beechworth is 60-69 years. Households in Beechworth are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Beechworth work in a professional occupation. In 2011, 75% of the homes in Beechworth were owner-occupied compared with 74.2% in 2016.
Beechworth has 2,658 properties. Over the last 5 years, Houses in Beechworth have seen a 70.19% increase in median value, while Units have seen a 53.86% increase. As at 31 October 2024:
- The median value for Houses in Beechworth is $803,997 while the median value for Units is $417,176.
- Houses have a median rent of $500 while Units have a median rent of $350.
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